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Dec 10, 2012
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connell: they have elections next year. not that we are counting on the most honest elections or anything like that. the economy is struggling, you would think the leadership would change. >> eastern europe used to be a communist bloc satellites of the soviet empire. the collapse of the soviet economy back in the early 80s brought us the whole revival of the wall coming down. those kinds of things can still happen in iran. they have to have the same kind of support that ronald reagan gave to the polish and eastern europeans back when it was not a popular thing to do. dagen: do you believe that the current obama administration is willing to provide that kind of support? >> no. that is why i wrote this book. it is about what happens if you do not do the right kind of things to support democracy. quite frankly, we are not doing enough with the right kind of things. dagen: it is a novel? >> it is a novel. this is about and administration that does not do the right things just as we are not doing the right things now. oliver nor
connell: they have elections next year. not that we are counting on the most honest elections or anything like that. the economy is struggling, you would think the leadership would change. >> eastern europe used to be a communist bloc satellites of the soviet empire. the collapse of the soviet economy back in the early 80s brought us the whole revival of the wall coming down. those kinds of things can still happen in iran. they have to have the same kind of support that ronald reagan gave...
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Dec 10, 2012
12/12
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the president won re-election. this was not something that -- may have hurt the economy and something republicans blamed for. look at the numbers. terrible. not just only as a party but particularly in congress right now. you know, this is not -- this is not a long-term winning game i don't think for republicans to hold up every agreement claiming leverage where they don't have it. i think they need to find in order to do better areas they have got more public support than they seem to have on the issues. 60% according to a new politi politico/george washington university poll believes the top should have an increase in taxes. fighting the public and appear to be ideological doesn't seem to work. certainly didn't in terms of knocking president obama off. >> one thing that also didn't work in 2011 was the president ab do kating the role to nancy pelosi and harry reid. this time around, maybe because he feels he has the mandate, he's doing the negotiations straight on with boehner which i think leads to a better resu
the president won re-election. this was not something that -- may have hurt the economy and something republicans blamed for. look at the numbers. terrible. not just only as a party but particularly in congress right now. you know, this is not -- this is not a long-term winning game i don't think for republicans to hold up every agreement claiming leverage where they don't have it. i think they need to find in order to do better areas they have got more public support than they seem to have on...
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this idea of trickle down economics in this vision of themselves as we heard during the presidential election campaign as the job creators you know i'm curious did you have pursued the documentary client number nine about eliot spitzer . no i did not hear it just the core question he basically. p.o. did a billionaire who took him down you know arguably illegally and that's a documentary about that i'm curious if you've gotten any blowback if you're concerned about its. billionaires may be out to get you. well certainly just to talk about eliot spitzer because i do think that you know he acted with a lot of brave theory and it's certainly the case that a lot of people on wall street including you know quite liberal people people who have served in the cabinets of democratic presidents absolutely despise eliot spitzer so it's absolute the case there has been tremendous hostility there towards him in terms of in the you know a few people have yelled at me have used words that were not so nice when i you know when i told my father about a few of the reactions my dad is a farmer in northern albert
this idea of trickle down economics in this vision of themselves as we heard during the presidential election campaign as the job creators you know i'm curious did you have pursued the documentary client number nine about eliot spitzer . no i did not hear it just the core question he basically. p.o. did a billionaire who took him down you know arguably illegally and that's a documentary about that i'm curious if you've gotten any blowback if you're concerned about its. billionaires may be out...
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Dec 5, 2012
12/12
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obama won the election because obama promised american voters gifts and free things. he got a lost flak from democrats and republicans. look, this is exactly what mitt romney was talking about. here is someone saying, wait, i voted for you, obama, now give me the free stuff. this is exactly what mitt romney was talking about. >>eric: president obama ran the last campaign on things are getting better. give me for more years we are almost there. a very good indication of things are really getting better in the economy is food stamp use. food stamps are up to a record level. november showed 46 million people on food stamps. if things are getting better, how does that keep going up? >>guest: exactly. if you remember back during the campaign, obama was going around bragging saying, i saved detroit with the bailout. really? you saved detroit? is that why detroit is coming begging right now for money? it is insane. he is completely out of touch and he doesn't realize what this economy is like right now for every day folks. >>eric: thank you, michelle. >> there is supposed to
obama won the election because obama promised american voters gifts and free things. he got a lost flak from democrats and republicans. look, this is exactly what mitt romney was talking about. here is someone saying, wait, i voted for you, obama, now give me the free stuff. this is exactly what mitt romney was talking about. >>eric: president obama ran the last campaign on things are getting better. give me for more years we are almost there. a very good indication of things are really...
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Dec 8, 2012
12/12
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and i think that they're certainly trying to leverage off of that since the election. >> well, they-- that was one of many, many, many factors. >> absolutely. >> and after the election and the fact is, as we all agree, the private sector union is a dying animal and that they only can survive if they can thoroughly control the public sector and this is just another example of their slow, painful death. >> on that upbeat note. i want you to look at this. the parent company of red lobster, filing a fight for the president's health care law, not because of the actual law, because it criticized the law. the gang from forbes is going to explain the top of the hour, up next, did any of you see this? >> oh! oh! >> apparently these guys just found out that they could get fined for eating while driving. is nothing sacred? having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. > >> coming down and p
and i think that they're certainly trying to leverage off of that since the election. >> well, they-- that was one of many, many, many factors. >> absolutely. >> and after the election and the fact is, as we all agree, the private sector union is a dying animal and that they only can survive if they can thoroughly control the public sector and this is just another example of their slow, painful death. >> on that upbeat note. i want you to look at this. the parent company...
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Dec 10, 2012
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and the results of the election. >> and so, i think it's a foregone conclusion that tax rates for the wealthiest of americans are going up and as a pra practical matter, i don't understand why the gop doesn't agree to that sooner rather than later and the onus on the white house to give something relative to spending cuts and entitlement reforms. i think people want compromise and a bigger deal than just taxes going up for those 2% and doesn't get us where we need to go. >> david, let's play what alan simpson had to say regarding the growth. that's the overall end game here. growing the economy and not let lawmakers and such to posture before us. let's play it. >> not a single economist who talked to us in our hearings said we can't grow our way out of this with double digit growth for 20 years. you can't cut spending your way out of this baby or you ruin a very fragile economy and an emerge, you know, nation and can't tax your way out of this baby. this is impossible. >> so it is a combination of things and what do you make of the fact that in the approach perhaps to find some place
and the results of the election. >> and so, i think it's a foregone conclusion that tax rates for the wealthiest of americans are going up and as a pra practical matter, i don't understand why the gop doesn't agree to that sooner rather than later and the onus on the white house to give something relative to spending cuts and entitlement reforms. i think people want compromise and a bigger deal than just taxes going up for those 2% and doesn't get us where we need to go. >> david,...
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Dec 6, 2012
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the dow jones has slipped only about 200 points since the election. why isn't wall street more on edge itself? william cohen is the author of "money and power, hold goldman sachs came to rule the world." the labor department came out with the applications for unemployment aid saying it fell sharply for the last week and stocks basically opened flat this morning as we've seen. some of that has to do more with europe than it does with washington. but what is your reasoning for why wall street hasn't displayed more of an impact from this fiscal cliff nonsense? >> thomas, what wall street hates most of all is uncertainty and it's counterintuitive, there's actually plenty of certainty now. what's going to be certain is taxes are going up. either we go off the cliff or the curb and then taxes rise for everybody and then maybe they get repealed for the middle class and others or we reach a deal and taxes go up for the wealthiest 2% and everybody else breathes a sigh of relief. there's some $2 trillion in cash sitting on the balance sheets of corporate americ
the dow jones has slipped only about 200 points since the election. why isn't wall street more on edge itself? william cohen is the author of "money and power, hold goldman sachs came to rule the world." the labor department came out with the applications for unemployment aid saying it fell sharply for the last week and stocks basically opened flat this morning as we've seen. some of that has to do more with europe than it does with washington. but what is your reasoning for why wall...
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Dec 3, 2012
12/12
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he's had ever since september of 2011 when the grand bargain talks broke out -- broke down and post-election he's made clear this is going to remain an element of his strategy, is campaigning with the public. he made that trip to pennsylvania last week. he's trying to use the public, which polls show agrees with him on some of the key questions like top rate, to put pressure on the congress to move. we'll see how effective that can be. certainly it hasn't been effecti effective heretofore but it is possible it could and the president believes having won the election he's on the high side. >> 2:00 on twitter. john, thanks very much. >>> one of the overhangs for the fiscal cliff for investors is what will happen on dividend tax rates. more and more corporations aren't waiting to find out exactly what happens with more than $22.5 billion worth of special difficult sends having been announced from 98 companies in the fourth quarter so far. today, hca, dish network, cato joining the list. jim iuorio is a cnbc contributor. >> i've been looking at this from every ang toll fiangle to find a tradable
he's had ever since september of 2011 when the grand bargain talks broke out -- broke down and post-election he's made clear this is going to remain an element of his strategy, is campaigning with the public. he made that trip to pennsylvania last week. he's trying to use the public, which polls show agrees with him on some of the key questions like top rate, to put pressure on the congress to move. we'll see how effective that can be. certainly it hasn't been effecti effective heretofore but...
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he didn't win the election. he certainly did have a plan. >> it is not one that romney backed really. stuart: that's true. i do see a little drift here, a little drift here. at least you're prepared to admit that the president should put forward a reform plan. so let's move on to the issue of tax rates. >> okay. stuart: do you think the president is right to absolutely insist on tax rate increases? he won't tolerate reductions in deductions. he won't do that. no, it must be tax rates. will you defend that? >> well, i think he has the upper hand in the sense that seen, americans say they support raising taxes on the wealthy, so i think he feels that he has a mandate on that issue. look, i feel if the republicans are willing to make up that revenue another way, he should be open to that. i don't think it has to come from raising taxes. it could come -- stuart: the republicans have put forward a plan to raise 800 billion dollars over ten years. >> right. stuart: that's not by raising rates. that's by restricting de
he didn't win the election. he certainly did have a plan. >> it is not one that romney backed really. stuart: that's true. i do see a little drift here, a little drift here. at least you're prepared to admit that the president should put forward a reform plan. so let's move on to the issue of tax rates. >> okay. stuart: do you think the president is right to absolutely insist on tax rate increases? he won't tolerate reductions in deductions. he won't do that. no, it must be tax...
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Dec 7, 2012
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sandy, the election, holiday workers. you say three asterisks. >> yeah, i think it has to have three asterisks, it doesn't fit in with initial claims and other items. they said sandy had no impact on the number. i think that may be because the number was basically taken before the impact was held. i think they're going to see a lot of revisions here. >> next week setting up. it's going to be another big one. same store sales from various companies and, of course, the fed. >> the fed is important. it's another one of those two-day meetings. they're going to take down operation twist. this will be important because he gets to announce at a press conference. that gives them a chance to explain what the mood of the meeting was. it will give them a chance to hear what the new proposal, qe whatever, is supposed to do and how they want to set it up. so i think the markets will hone in on that very, very carefully. >> do you think we see an acceleration of purchases, a revamp of twists? will there be an event as i said earlier? >
sandy, the election, holiday workers. you say three asterisks. >> yeah, i think it has to have three asterisks, it doesn't fit in with initial claims and other items. they said sandy had no impact on the number. i think that may be because the number was basically taken before the impact was held. i think they're going to see a lot of revisions here. >> next week setting up. it's going to be another big one. same store sales from various companies and, of course, the fed. >>...
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Dec 3, 2012
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doing precisely that. >> got through the election on social issues. on the economy, i think it's pretty clear that nobody voted for four more years of the current economy. four more years to get his house in order and he's not going to get his house in order using the red herring of taxes when it's entitlemen entitlements. it just isn't going to work, simon. >> i get it. i'm just pointing out -- >> you know what, let's take jobless claims. >> i get it. >> over the last three days, jobless claims to sustain that renewal again which i think is a bad idea, that's 30 to $35 billion a year. i heard many democrats say that's a small amount, why shouldn't we do that? that's about halfway to the total amount they're talking about taxes. but whent's that, it's small. but when it's the 70 to $80 billion am toortized over ten years, all of a sudden it's big. i'm not saying don't raise taxes. if i signed the pledge, i would do it for good reasons. i haven't seen a good reason. i haven't seen a plan that promotes the big guy in the room. >> see you in the next hou
doing precisely that. >> got through the election on social issues. on the economy, i think it's pretty clear that nobody voted for four more years of the current economy. four more years to get his house in order and he's not going to get his house in order using the red herring of taxes when it's entitlemen entitlements. it just isn't going to work, simon. >> i get it. i'm just pointing out -- >> you know what, let's take jobless claims. >> i get it. >> over the...
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Dec 5, 2012
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also remember the exit polling from the elections that shows people are fine with taxes going up on the top 2%. this is part of why the deal from john boehner was a non starter. he said how about deduction caps so you have lots of taxes. is he in trouble with his right wing? >> yes, he is. they have purged the scam. you said it. spending cuts. they are talking about $350 billion. what matters here is the numbers. we can't afford this. we have $16 trillion in debt. we have $87 trillion in unfunded highbilities those are promises that are made that we have to keep. >> guys, this is part of what is interesting about this conversation. when you hear the speaker talking about the loop holes that is the same rhetoric that we heard from mit romney. >> they are using the stuff that is done in the budget control last year. >> those are terrible talking points. >> let me say this point. >> hang on a second. i want to go to guy benson on another point. there is a lot of talk that the republicans might have a doom's day scenario. if there is a budget stalemate, then the republicans will allow a vot
also remember the exit polling from the elections that shows people are fine with taxes going up on the top 2%. this is part of why the deal from john boehner was a non starter. he said how about deduction caps so you have lots of taxes. is he in trouble with his right wing? >> yes, he is. they have purged the scam. you said it. spending cuts. they are talking about $350 billion. what matters here is the numbers. we can't afford this. we have $16 trillion in debt. we have $87 trillion in...
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Dec 3, 2012
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the speaker characterizing this as a status quo election. that's not the way the white house sees it. the white house sees it as an election they won and they picked up seats in the congress. the speaker here reminding the president, hey, you know what, we control the house of representatives. he goes on to characterize the president's proffer from last week. boehner saying, we cannot in good conscience agree to this approach which is neither balanced nor realistic. they talk about possibly raising some entitlement reform proposals with the president. but then the speaker and his co-signers here have this sentence, mindful of the status quo election and questions on entitlement reform we recognize it would be counterproductive to privately or publicly propose entitlement reforms you or the leader of your party are unwilling to changed in near term. boehner is laying out a revision going back to the simpson/bowles plan in some way, shape or form and that's the gist of this offer from the speaker to the president. we're diving into it in real
the speaker characterizing this as a status quo election. that's not the way the white house sees it. the white house sees it as an election they won and they picked up seats in the congress. the speaker here reminding the president, hey, you know what, we control the house of representatives. he goes on to characterize the president's proffer from last week. boehner saying, we cannot in good conscience agree to this approach which is neither balanced nor realistic. they talk about possibly...
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Dec 2, 2012
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this was a status quo election. the president had a great re-election and the republicans held the house and democrats the senate. they have to sit down and do negotiate. it's not boehner versus geithner. it's can the house republicans buy a plan that they cancel to their members. and will the senate go along and if so will the president sign it. until you get in a room and discuss the elements you get people talking at each other with some absurdity. we are talking about $85 billion a year in added revenue over a ten-year period. we are spending over a trillion dollars in debt every year and not putting anything into it. the republicans have been down the road before where they have been promised three for one, and it never happens. i think they are beginning to realize until it's actually on the table and signed off on by all sides they aren't going to buy into it. >> senator, did the president in this offer with so little in spending cuts and tax reform, the debt limit, did he overplay his hand or is he being rea
this was a status quo election. the president had a great re-election and the republicans held the house and democrats the senate. they have to sit down and do negotiate. it's not boehner versus geithner. it's can the house republicans buy a plan that they cancel to their members. and will the senate go along and if so will the president sign it. until you get in a room and discuss the elements you get people talking at each other with some absurdity. we are talking about $85 billion a year in...
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we just had an election. raising taxes on the wealthy, as he calls people who make over $200,000 a year. he won the election. they have a mandate. >> the republicans have a lot of leverage. the president wants to have a successful second term. if he allows us to fall off the fiscal cliff that we could fall into a very deep recession. >> if he allows us to fall over the fiscal cliff, and i think they are making that point. >> i believe grover norquist. they should get the media cameras in their. stuart: let's get more on this. we have a special guest joining us. he should have been on varney & company many times. >> i hope this is the first of many appearances. great to be with you this morning. i am kind of in a foul mood this morning. i am going to say something. the three of you are going -- if the republicans just gave the president what he wants on these taxes, low, in the end, the taxes are going up. we still have a trillion dollar deficit. this does not solve anything. at best, even if they raise the mo
we just had an election. raising taxes on the wealthy, as he calls people who make over $200,000 a year. he won the election. they have a mandate. >> the republicans have a lot of leverage. the president wants to have a successful second term. if he allows us to fall off the fiscal cliff that we could fall into a very deep recession. >> if he allows us to fall over the fiscal cliff, and i think they are making that point. >> i believe grover norquist. they should get the media...
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Dec 3, 2012
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mexico's newly-elected president enrique pena nieto who visited the white house last week, inherits a war within his country. this youtube video posted two months ago describes drug cartel hitmen capturing sections of juarez, across the border from el paso. "part of mexico's problem is that it's affected by the us, by our drug policies." pena nieto vowed to cut mexico's murder rate in half by replacing poorly-paid local police with a centralized force. some say that may address the symptoms but the cause. "you've got to pay the police well or they'll become corrupt.combine that with our drug policy which fosters illegal supply with demand and it worsens mexico's situation." despite gruesome crime scenes, mexico is a good bet to pimco, which now owns more than half of mexico's fixed rate peso bond market. a fifth of its population has now reached the middle class. carmakers, volkswagen, nissan honda and mazda are planning to spend billions on new plants in mexico. "i think there are some concerns that us labor has with what goes on in mexico and a lot of us firms have benefitted by exp
mexico's newly-elected president enrique pena nieto who visited the white house last week, inherits a war within his country. this youtube video posted two months ago describes drug cartel hitmen capturing sections of juarez, across the border from el paso. "part of mexico's problem is that it's affected by the us, by our drug policies." pena nieto vowed to cut mexico's murder rate in half by replacing poorly-paid local police with a centralized force. some say that may address the...
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Dec 10, 2012
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we thought it would be weak during an election year. there's a whole body of academic evidence that public policy certainly does impair it. but we were stunned as early as the first quarter of this year to see the tech sector, ibm, talking about flat revenue growth in the u.s., and there we think there's a level of cap-ex that has just been foregone because of this public policy uncertainty that, even in a semistable environment, it should rebound a bit. and that could be a big driver for profit growth in '14. >> you point out that your sector positioning, you say it's cautious, but you are upping technology to overweight. underweighting domestic cyclical. if cap-ex is a phenomenon next year why would you not be more highly leveraged to that? >> well, we think that first of all, the numbers, and the valuations, look fully played out. we think they still have housing market euphoria. and, have looked at things like consumer confidence going up, at least until friday, as a result of house prices stabilizing. for us, that's the reason why
we thought it would be weak during an election year. there's a whole body of academic evidence that public policy certainly does impair it. but we were stunned as early as the first quarter of this year to see the tech sector, ibm, talking about flat revenue growth in the u.s., and there we think there's a level of cap-ex that has just been foregone because of this public policy uncertainty that, even in a semistable environment, it should rebound a bit. and that could be a big driver for...
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Dec 5, 2012
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i think businesses are holding back partly because of the election, which is now passed obviously. and the fiscal cliff. i still believe that we're going to end up kicking the can down the road. i think there's lots of pent-up demand in the economy so we're not going to go into a recession. in fact, i think next year we could see some acceleration. one of the key ways to see this is just to look at auto sales for november. they surged to 15.5 million. every time we have a dip in demand because of sandy or something else, we come back. this economy is super resilient and i think we'll be able to go over the cliff or go through the cliff without having a recession. >> i hope you're right. my concern is that you are absolutely wrong. actually the economy is slowing to stall speed and markets could correct badly on the news moving forward. we learned this week that manufacturing contracted in november for the first time in three months. we had analysts on the program talking about the channel checks indicating softness for a second month and today goldman has downgraded growth in the f
i think businesses are holding back partly because of the election, which is now passed obviously. and the fiscal cliff. i still believe that we're going to end up kicking the can down the road. i think there's lots of pent-up demand in the economy so we're not going to go into a recession. in fact, i think next year we could see some acceleration. one of the key ways to see this is just to look at auto sales for november. they surged to 15.5 million. every time we have a dip in demand because...
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Dec 8, 2012
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if you look back at the 2004 election, there was lots of debate about whether or not bush's re-election could be pinned on the fact that in many of these states, there were referendum on the ballot about things such as same sex marriage, that the social issues were being dredged up as sort of positive for the republicans. fast forward to this election and as we discussed on the show before, you have gay marriage, you have marijuana, you have these issues on which republicans, you know, not necessarily where the voters were this time around in many of these states that literally in just the last ten years alone, public opinion has shifted a lot. though it's important to remember that i don't think of this as as much of a partisan issue as it is generational. remember, it was just a few months ago that president obama was evolving on his position and you had dick cheney who was kind of to the left of him on gay marriage. so i don't view this as much as a partisan issue. i view this as generational and something that both parties, particularly the republican party, though, will be addressi
if you look back at the 2004 election, there was lots of debate about whether or not bush's re-election could be pinned on the fact that in many of these states, there were referendum on the ballot about things such as same sex marriage, that the social issues were being dredged up as sort of positive for the republicans. fast forward to this election and as we discussed on the show before, you have gay marriage, you have marijuana, you have these issues on which republicans, you know, not...
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and before the election, unformer. two admistrations that d that. everyone wants a bailout and the president's going to get your votes one way or the other. question is coming up more broadly, right now new jersey and an other of states getting a huge one bause it was a cast catastrophe. >> and if it's beyond your control and-- >> the case is we ved for you, we get bailout. >> and on the other side, detroit is in a mui-decade collapse that is beyond the scope, it's almt like a hurricane. and i'm not saying it's totally iane for nem to get a disproportionate amount-- >> gary b, you live in maryland, should you and maryland be paying for what detroit or michigan is deciding to do with unions and pensions and how they got themselves in this mess in t first ace? >> exactly, brenda. i kind of agree with jonas. i'm not sure i'd be so quick bail out cities with national catastrophes. they decided to live there and build there. but jonas it right, a lot of tiesike detroit are heavily unionized. they invested heavily in these gold-plated cadillac-like govern
and before the election, unformer. two admistrations that d that. everyone wants a bailout and the president's going to get your votes one way or the other. question is coming up more broadly, right now new jersey and an other of states getting a huge one bause it was a cast catastrophe. >> and if it's beyond your control and-- >> the case is we ved for you, we get bailout. >> and on the other side, detroit is in a mui-decade collapse that is beyond the scope, it's almt like a...
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Dec 9, 2012
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>> i thought the election was going to be closer than it ended up being. i thought looking at it from the outside that the republicans had a decent chance of winning. i think the two most important things that happen thad defeated that were the very divisive primary we had to endure before with 22 debates and a period between the end of the primary season and the beginning of the general election where the democrats were able to paint governor romney as something that he really isn't in my view and the republicans' side of the screen were silent because they had to wait till they got their general election money. and then the ground game. i think the democratic campaign had a probably very far superior campaign to the ground campaign. there's something that this election campaign tells us that needs to be done for my party, for us as a party. i think it's really important that we be seen to be the party of hope, optimism, and opportunity. that's what ronald reagan taught us, instead of gloom and doom. we need to be positive. we need to appeal to those vote
>> i thought the election was going to be closer than it ended up being. i thought looking at it from the outside that the republicans had a decent chance of winning. i think the two most important things that happen thad defeated that were the very divisive primary we had to endure before with 22 debates and a period between the end of the primary season and the beginning of the general election where the democrats were able to paint governor romney as something that he really isn't in...
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house chief of staff on how to stay off the fiscal cliff and what the party should learn from the last election. >>> next, when the u.s. aimed high in the 1960s, we sent a man to the moon w the same effort, we can now cure cancer, that's what the head of the largest cancer center in the word, m.d. anderson says. >>> and america has lost it's number one standing in lotts of areas, from competitiveness to education, the new number one in most cases a scandinavian country, what is the credit sauce? we'll dig into it. but first here's my take. as we debate whether the two parties can ever come together and get things done, here is something president obama could do probably by himself that would be a single accomplishment of his presidency, end the war on terror. for the first time since 9/11, an administration official has raised this prospect. said in a speech to the oxford union last week, that as the battle against al qaeda continues, there will be come a tipping point as so many of the leaders and operatives of al qaeda have killed or captures such as al qaeda as we know it has been effectivel
house chief of staff on how to stay off the fiscal cliff and what the party should learn from the last election. >>> next, when the u.s. aimed high in the 1960s, we sent a man to the moon w the same effort, we can now cure cancer, that's what the head of the largest cancer center in the word, m.d. anderson says. >>> and america has lost it's number one standing in lotts of areas, from competitiveness to education, the new number one in most cases a scandinavian country, what...
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that's right, on election day. up next, pro-democracy, protests turning increasingly violence in egypt. how long dii can -- how long can president morsi remain silent, and how long did president obama do nothing? we'll ask lou: this is just in. a senior u.s. official as telling fox news that serious military has mixed chemical weapons and apparently is ready to use them. the chemical weapon has assembled a deadly nerve gas. the syriaa military has about 60 days in which to use this until it expires. it will then need to be destroyed. joining us now is the "a-team." james toronto, mary anne marsh, bradley graham. thank u all for being here. the national debt to the fiscal cliff. what are your thoughts? >> i don't think it matters all that much. i agree with bill clinton's comment from the earlier segment. >> im agreeing with him as a matter of analysis. it doesn't appear that obama is aiming to do something big and constructive here. he is aiming for a victory on a small point of dispute. that is sort of the lowest
that's right, on election day. up next, pro-democracy, protests turning increasingly violence in egypt. how long dii can -- how long can president morsi remain silent, and how long did president obama do nothing? we'll ask lou: this is just in. a senior u.s. official as telling fox news that serious military has mixed chemical weapons and apparently is ready to use them. the chemical weapon has assembled a deadly nerve gas. the syriaa military has about 60 days in which to use this until it...
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the elections accident a clear message. they said meet the new boss instesame as the old boss. same president, same senate, same house. we truly made have will sunk the titanic. we may have put too much hope in human beings could have solved problems in many cases not nearly as booed good at it. you at least balance your checkbook at home and you pay your bills and you show up for work. washington hasn't balanced it's checkbook. it has to borrow money from the chinese to pay its bills. barely shows any real work or progress on our behalf. maybe they just aren't listening to us any more. it occurred to me if they won't listen to us i wonder if they will listen to a stronger voice. i wonder if they will listen to god? walls of water party, or signs and watonders. sometimes you speak them in a still small voice. since the leaders from either party don't seem to listen to us wonder what would happen if we asked god to speak to them so maybe they would listen to him. it may be a good day for somebody to have more of a million voice march on capitol hill. what if millions of american
the elections accident a clear message. they said meet the new boss instesame as the old boss. same president, same senate, same house. we truly made have will sunk the titanic. we may have put too much hope in human beings could have solved problems in many cases not nearly as booed good at it. you at least balance your checkbook at home and you pay your bills and you show up for work. washington hasn't balanced it's checkbook. it has to borrow money from the chinese to pay its bills. barely...
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Dec 7, 2012
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the big thing is the election. but the jobs numbers suggest that the economy is doing well and it cuts against the republican argument that raising taxes on the rich with would hurt the economy and the economy is fragile. the numbers though that the economy is not fragile and that would improve the economy's leverage. he's still doing so many public events. he is trying to use that public pressure to sort of force the republicans to cut a deal. >> doing this public stuff but at the same time having these private talks with the speaker and david axelrod talked about what the president and speaker might be doing behind closed doors and the reasoning behind it. let's listen. >> both the president and the speaker are very fluent in the basic numbers. they have been living with them for some time now. so as i said, i don't think that there's a lot of mystery about this. the politics has to be traverse. they've got to get through the rocky shoals of grover norquist. >> does that make it easier to keep politics out of it?
the big thing is the election. but the jobs numbers suggest that the economy is doing well and it cuts against the republican argument that raising taxes on the rich with would hurt the economy and the economy is fragile. the numbers though that the economy is not fragile and that would improve the economy's leverage. he's still doing so many public events. he is trying to use that public pressure to sort of force the republicans to cut a deal. >> doing this public stuff but at the same...
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elections have consequences for both sides of the aisle. the president is very aware that he has a responsibility to now go to bat on immigration reform and it seems to be that in the house it's a small step. small private steps are being taken not by the people who put out press releases that don't really say much, but have lovely words to them. they're actually working on it. let's see. piecemeal, i think, will never work. >> margaret. >> i -- i think senator rubio's heart is pure on this, and i think he sees a great big huge bill trying to move it is harder than getting pieces that you can get coalitions on and get something through. you know, on the vote on that 44 point difference, you know, if republicans started speaking to latinos with some respect and not with words like self-deportation and let's fix -- let's close the fence as mccain did. they would be able to hear other parts of the republican message. you can't be sure that all of them are going to -- that they're not all going to be democrats one they're here in & here legal.
elections have consequences for both sides of the aisle. the president is very aware that he has a responsibility to now go to bat on immigration reform and it seems to be that in the house it's a small step. small private steps are being taken not by the people who put out press releases that don't really say much, but have lovely words to them. they're actually working on it. let's see. piecemeal, i think, will never work. >> margaret. >> i -- i think senator rubio's heart is pure...
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there is no question about the legitimacy of his election. but he definitely does not have half of the population behind him. >> he certainly doesn't have a mandate is what you are saying. lauren thank you for reporting for fox news latino . thank you, we appreciate it. for much more on mexico's new president and issues south of the border that affect our nation go to fox latino.com. parts of the west coast are bracing in the middle of a multiday soaking courtesy of a strange weather patsern. the radar shows it here and it is it a long system. rain falling over northern california for the most part, forecasters say some areas could get soaked for day to come and dozens of inches falling. wow . it is it because of what they call an atmospheric river of jet stream ofure in the pacific office carrying wave after wave of storms on the west coast. donna is live in cloudy california. dominic? >> the latest in the freaky stream of rains should dump twice as much as the last storm that came through here if not the two combined. it will start in the e
there is no question about the legitimacy of his election. but he definitely does not have half of the population behind him. >> he certainly doesn't have a mandate is what you are saying. lauren thank you for reporting for fox news latino . thank you, we appreciate it. for much more on mexico's new president and issues south of the border that affect our nation go to fox latino.com. parts of the west coast are bracing in the middle of a multiday soaking courtesy of a strange weather...
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what you're saying is the president wins election, the presidential election, and he wins it on a debate about taxes, post-election exit polling reveals that in excess of 60% of americans support his view that taxes on the top 2% should go up, but your position is, no, we should cut taxes. >> the problem is you think we lost on messaging. i think we lost on tactics. the left knocked on doors, went to communities and talked to them. all the right does is try to use ads and robocalls to try to make our message. the most annoying tactics possible and we think people will believe what we're saying. i don't think people think that the job creators aren't doing enough, they need to be paying more, that we need to go out and say this is the employers fault and think that's going to create jobs. people my age, we are looking for work and we know that we don't get jobs from the government because they're controlled by unions. we want real jobs in the private economy. >> but, ron, don't you think you're being a little bit harsh on the speaker. give the man credit. you know, he spent four years opp
what you're saying is the president wins election, the presidential election, and he wins it on a debate about taxes, post-election exit polling reveals that in excess of 60% of americans support his view that taxes on the top 2% should go up, but your position is, no, we should cut taxes. >> the problem is you think we lost on messaging. i think we lost on tactics. the left knocked on doors, went to communities and talked to them. all the right does is try to use ads and robocalls to try...
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. >> it is by the end of this week and here is why, the republicans came out right after the election and said to the president, you want revenue here. you want revenue on the wealthy, we'll give it to you, limiting tax deductions for the wealthy. the president instead of taking that and running with tceiling a deal has been campaigning for tax hikes and to cap it off sent treasury secretary tim geithner to congress with this outrageous proposal as basically a compilation of everything that the president wanted in his budget and beyond what he even campaigned for. as a result i think most republicans wonder how serious he is about doing this. they feel things are going backward. >> paul: yeah, that, that's the way it sounds to me, too, i talked to some senior republicans this week and they're increasingly of the belief that maybe the president wants to back them into a corner, that could push them over the cliff and then be able to blame them if you have a recession or for taxes going up on everybody. >> well, i don't doubt that's what he's trying to do. it's hard to see where the ups
. >> it is by the end of this week and here is why, the republicans came out right after the election and said to the president, you want revenue here. you want revenue on the wealthy, we'll give it to you, limiting tax deductions for the wealthy. the president instead of taking that and running with tceiling a deal has been campaigning for tax hikes and to cap it off sent treasury secretary tim geithner to congress with this outrageous proposal as basically a compilation of everything...
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republican party and offers some protection for democrats for raising taxes in the next congressional election. >> absolutely. breaking the republican party would be a benefit to this plan, also, i don't think barack obama minds in the tax rates go up on the middle income people as well. >> paul: he's promised-- you're saying-- >> the ultimate win is to have all of that new revenue for the government and being able to blame it on the republicans. >> paul: wait a minute, if you're saying we go over the cliff, nothing happens in december, come january the president will not turn around and insist on andis ... >> well, things in the middle east went from bad to worse this week with reports to the syrian military is preparing temp cal weapons that could be used against its own people, it's awaiting final orders from president assad. this as protesters clash with supporters of mohammed morsi outside the presidential palace in cairo egypt. in that country's largest confrontation since the uprising of hosni mubarak. we're back with daniel henninger and editorial board member matt comiskey. so, bret.
republican party and offers some protection for democrats for raising taxes in the next congressional election. >> absolutely. breaking the republican party would be a benefit to this plan, also, i don't think barack obama minds in the tax rates go up on the middle income people as well. >> paul: he's promised-- you're saying-- >> the ultimate win is to have all of that new revenue for the government and being able to blame it on the republicans. >> paul: wait a minute,...
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this is a device i have issue after the election. we had a ballot proposal that brought up a lot of labor issues. this is one that continued. it's a device i have issue. it's my position let's take leadership and address it in a positive way to starched up for the worker and be preworker and let's move forward, get it behind us and continue the reinvention of michigan about more and better jobs and a future for our kids. >> in terms. reinventing michigan, let me just zero in on one city in your state, detroit, 18.9% unemployment which is absolutely deplorable for the people of detroit. what do you intend to do or what can you do? what can the state do to try to help the city? one city council men last night said as a quid pro quo she wants the president to bail them out. what do you plan to do about detroit? >> we are going to continue working with the city. we did a consent agreement with them earlier this year that called for a number of actions to happen because we do need better services for the citizens of detroit. they deserve
this is a device i have issue after the election. we had a ballot proposal that brought up a lot of labor issues. this is one that continued. it's a device i have issue. it's my position let's take leadership and address it in a positive way to starched up for the worker and be preworker and let's move forward, get it behind us and continue the reinvention of michigan about more and better jobs and a future for our kids. >> in terms. reinventing michigan, let me just zero in on one city...
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senator corker, given that president obama won the election, and seems to have most of the political leverage, what is the realistic deal to be made in the next 23 days? >> first of all, i think something will happen. i hope it is large enough for people like me that want to see entitlement reform to vote for. the president has leverage and the republicans have leverage with the debt ceiling and the c.r. which ends in march and hopefully cooler heads will prevail. there are different theories coming forth on how to deal with this and again, chris, it is a unique moment in history, where every developed country in the world, economists on both sides of the aisle, know the greatest threat to our country is fiscal solvency and we have a situation where the minority party is trying to leverage the president into doing something that is great for our nation and it is a very unique time and i hope the president soon will see the light. >> chris: senator schumer, three weeks left. what is the compromise and,his is the important part, that both sides can live with, on taxes, spending cuts, a
senator corker, given that president obama won the election, and seems to have most of the political leverage, what is the realistic deal to be made in the next 23 days? >> first of all, i think something will happen. i hope it is large enough for people like me that want to see entitlement reform to vote for. the president has leverage and the republicans have leverage with the debt ceiling and the c.r. which ends in march and hopefully cooler heads will prevail. there are different...
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tell me what you want for us to do but i don't like the idea that i was elected and my election certificate is as valid as anybody else's here not to have a say in this. i'd say to my colleagues, lets us, the people's house, take back control of this argument, come together and put something forward. >> you and others have signed on to a so-called discharge petition that would cause the house of representatives to take a vote on the bill passed in the senate some time ago that would extend the so-called bush era tax cuts for people earning less than $250,000. it requires 218 signatures. that means you've got to get some republicans to sign on. do you have any indication that any people will break from speaker boehner and sign your petition? >> i think so. i know one for example, my friend walter jones down in north carolina, said that he's open to it. i think i need 41 people now. we've got 177. i need 41 people to come forward and i think what's really interesting about this is, republicans aren't violating any pledge on this. they are assuring taxes don't go up. i see no reason why we can
tell me what you want for us to do but i don't like the idea that i was elected and my election certificate is as valid as anybody else's here not to have a say in this. i'd say to my colleagues, lets us, the people's house, take back control of this argument, come together and put something forward. >> you and others have signed on to a so-called discharge petition that would cause the house of representatives to take a vote on the bill passed in the senate some time ago that would...
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one is new jersey's frank lautenberg who was elected in 1982, retired in 2001. then came back two years lates. senator dan coats, he changed his mind about retirement and re-elected in 2010. george allen tried to join that club but didn't make it. if you have a trivia question, e-mail us at dailyrundown dailyrundown@msnbc.com. ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell
one is new jersey's frank lautenberg who was elected in 1982, retired in 2001. then came back two years lates. senator dan coats, he changed his mind about retirement and re-elected in 2010. george allen tried to join that club but didn't make it. if you have a trivia question, e-mail us at dailyrundown dailyrundown@msnbc.com. ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our...
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we don't have a revenue problem, ann. >> we lost the election, sean. >> sean: we won the election in the house, ann. the government stays the same. >> but again, it's going to be like in 1994 when oh, yea, republicans won the house was ad the senate and the government shut down. that hurts republicans. it hurt them a lot. >> sean: republicans run on the idea that they're going to be for limited government, less government spending, lower taxes. >> they will be. >> sean: well, if they're going to raise taxes and buy obama's argument and co-op his language, then we're -- >> they're not allowing taxes to be raised on 98% of america. >> sean: you sound like obama. >> no, i don't. i see what the media can do. when the media convinces a majority of americans who voted in november that the economy was george bush's fault, we can't just say give into. >> sean: you're saying give into what the media is saying about you. >> no. but every once in a while to too something that feeds into a particular stereotype of republicans. >> sean: you think they're ever going to like them? >> you don't give
we don't have a revenue problem, ann. >> we lost the election, sean. >> sean: we won the election in the house, ann. the government stays the same. >> but again, it's going to be like in 1994 when oh, yea, republicans won the house was ad the senate and the government shut down. that hurts republicans. it hurt them a lot. >> sean: republicans run on the idea that they're going to be for limited government, less government spending, lower taxes. >> they will be....